Caracol raises $40M to ramp up metal AM and global expansion
Caracol, headquartered in Barlassina, Italy, has announced the closing of its $40 million Series B round, co-led by Omnes Capital, Move Capital Fund I, alongside CDP Venture Capital – Large Ventures Fund, which played a key role as a catalyst for international investors. The new round adds to existing backing from long-standing shareholders, including Primo Capital SGR, Eureka! Venture SGR, and Neva SGR (the Intesa Sanpaolo Group’s venture capital company).
Due to oversubscription, the round also enabled some early investors to exit with significant returns.
This new funding is expected to accelerate Caracol’s global scaling and international expansion. The company plans to strengthen its position in Europe, the United States, and the Middle East while expanding further into high-growth markets such as Asia Pacific, building on the strong traction it has already achieved in Japan.
On the technology side, Caracol said it will deepen the capabilities of its multi-process, multi-material platforms, focusing on software, automation, and artificial intelligence to deliver data-driven process control. The company will also intensify the ramp-up of its metal Additive Manufacturing technologies, particularly in highly regulated sectors such as aerospace and defence, energy, and maritime, while continuing to expand its polymer offering.
Caracol also plans to expand its global team to help drive innovation and growth. The company currently employs over 100 people across three offices in Milan (Italy), Austin (USA), and Dubai (UAE), with a global footprint spanning more than 50 countries.
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Over the past five years, Caracol has reportedly installed more than 100 robotic platforms worldwide and delivered hundreds of projects across various industries. Revenues are said to have more than doubled year-over-year, a trend that continued in H1 of 2025.
“This Series B represents a generational step for Caracol,” stated Francesco De Stefano, CEO and co-founder of Caracol. “In just a few years, we’ve built strong global traction, doubling revenues year after year. This round validates our vision and the outstanding execution of our team, while bringing on board some of the world’s leading deep-tech investors. With their support, we’re ready to accelerate our global scale-up and help advanced industries strengthen supply-chain and manufacturing resilience through the flexibility, efficiency, and sustainability of our technology.”
The new funding also builds on the strategic acquisition of Hans Weber Maschinenfabrik GmbH’s additive robotic IP and technologies in Germany, reinforcing Caracol’s European technology base and enhancing its supply capabilities across the DACH region.
